TRUSTlynx Offers Participant Directed Accounts

TRUSTlynx announced the new capability, which it now
offers to third-party administrators to market to their
plan sponsor clients. TRUSTlynx provides custody and
electronic trading support to daily-valued retirement
programs.

According to the TRUSTlynx announcement, its
Individually Directed Accounts (IDAs) allow participants to
invest in mutual funds, as well as individual stocks and
bonds. The employees can trade online, monitor their
accounts online, and have online access to an advisor.

TRUSTlynx officials said their system also gives plan
sponsors more flexibility in choosing their investment
lineup and deciding how their plan can best use the IDA
capability.

According to TRUSTlynx, it transmits data between the
third-party administration’s recordkeeping system and the
plan’s online brokerage system.